How is the Indian jewellery export industry affected by the economic recession in the West?
Indian jewellery exports are divided into two segments — Jewellery going to Asians residing in various parts of the world and jewellery which goes to the white population, to Europe, America and Japan. The prospect of the jewellery going to the white population is definitely not good and there are problems of credibility of the customers and credit issues. The demand is low and I expect it to be poor for the next 9-12 months. .rightDiv2{float:right;position:relative;width:220px;padding:1px} .leftDiv2{float:left;position:relative;width:140px} Also Read Related Stories News Now -‘Commodities set to outperform equities’-‘We need to battle big boys in MF industry’-‘Liquidity inflow may make valuations uncomfortable’-‘Expect earnings upgrade in Q2FY10’-‘Correction phase, if any, would be transitory’-‘We are always open to takeovers at right price’ Also Read Related Stories News Now – Markets surge in opening trades – Asia shares rally on US data, yen weakens – Rupee gains as stocks rise; do
